Spot on asiaflyer --- Why would you purchase shares in a company that's entered into a 'scheme of arrangement' and has $75M in uncollected working capital and 'maybe' a higher value than 38 cents??
Surely, if the working capital was there surely 'someone' in their wisdom would have collected it and then 'maybe' the Company would have had additional working capital and been in a stronger position to negotiate the 'best' deal for shareholders. Not at all happy Jan.
Early days yet, due diligence process may uncover something? As for me, absolutely estatice I'm out of the mess. Over the years NFK been a good trade, I'm siiting on the fence for now.
Has anyone heard if RCR has injected working capital into Norfolk?
- Forums
- ASX - By Stock
- FMG
- Ann: Norfolk Group - Market Update
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$16.30 |
Change
0.420(2.64%) |
Mkt cap ! $50.18B |
Open | High | Low | Value | Volume |
$16.00 | $16.53 | $16.00 | $202.0M | 12.41M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 895 | $16.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.33 | 237 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 895 | 16.290 |
1 | 500 | 16.280 |
1 | 1 | 16.260 |
5 | 2000 | 16.250 |
1 | 382 | 16.230 |
Price($) | Vol. | No. |
---|---|---|
16.330 | 237 | 1 |
16.340 | 1385 | 4 |
16.350 | 600 | 1 |
16.360 | 2500 | 1 |
16.370 | 23066 | 1 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |